Japan’s Sumitomo Corp. officially opened its new grain-oriented silicon sheet processing mill in Gemlik, Bursa, western Turkey, on Wednesday, named Summit Steel Turkey, S&P Global Platts learned from a company source.
Sumitomo, which bought a stake in Turkish electrical sheet processor MKS Transformer Equipments Industry & Trade (MKS) in 2015, ended its partnership with the company in 2017.
The company is now targeting expanded sales of G-O silicon sheet with its new processing center in Bursa, which is one of the largest industrial bases of Turkey.
Toyota Tsusho, the trading arm of Toyota Motor Corp., opened a 25,000 mt/year silicon sheet processing venture in Bursa in 2015, named Techno Steel Processing Turkey.
Sumitomo’s new processing mill, Summit Steel Turkey, will target the domestic market as well as nearby regions like Europe, the Middle East and Asia. G-O sheet, is mainly used in transformer cores.
Cenk Can, PLATTS